This is an in-depth and insightful study of Shari'ah governance from a theoretical and practical perspective. Shari'ah governance has a profound influence on the day-to-day practice of Islamic Financial Institutions (IFIs) and each jurisdiction has adopted a different approach to developing a governance framework. Hasan Zulkifli reviews these pluralistic approaches and identifies best practice. It comes with examples, case studies and practical discussions based on IFIs in the UK, Malaysia and the GCC countries of Bahrain, UAE, Qatar, Kuwait and Saudi Arabia. The topics covered include: the theory behind corporate and Shari'ah governance; the regulatory framework for Shari'ah governance; Shari'ah governance approaches; the Shari'ah Board's role and how it retains its independence, transparency and competence; the operational procedures of Shari'ah governance; and, the effectiveness of the Shari'ah Board and how it could be improved.